HEPA Trade on Nov 27, 2019 14:58 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

Shares Outstanding: 3.45m
Cash: 14.86m
Current liabilities: 1.5m
Current ratio: 10
NWC (total current assets - total current liabilities): 13.68m
Monthly Burn rate (net cash used in operating activities / months): 569k
Estimated current cash: 13.721m
Accumulated deficit: 81.3m
Book value per share (Stock holder equity / Shares outstanding): 4.70
Baby Shelf Exemption price per share: 21.74

Catalysts / News / Painting the picture

CRV431 Prevents Cirrhosis in Experimental Model of Severe Liver Disease
Only diluted 247,0130 shares since December 2018
2019 S-3 with $100m registered, no prospectus or ATM yet

Technical Analysis

-Strong open and held 5 nicely
-Mid day consolidation follow by fake backside move
-Huge run in afternoon squeezing all short
-Topped at 8.30 then traded back down to mid-day zone
-Levels: 5, 5.85, 6.90

Original Plan / Strategy

First Test at 6.90

Review

Had orders at 6.92 and 6.84 when it halted on its way back down, orders got filled as soon as it resumed, looked to get out immediately. Trade was very sketchy and spread was too big for my liking.


Execution detail:

Date/time Symbol Side Price Position
2019-11-27 14:58:34 HEPA buy $6.920 long
2019-11-27 14:58:34 HEPA buy $6.840 long
2019-11-27 14:58:57 HEPA sell $7.080 long
2019-11-27 14:59:31 HEPA sell $6.950 0


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